Home > Salary > Latvia > Relationship Manager
A relationship manager is a professional who is responsible for building and maintaining relationships with clients or customers. They work in various industries, such as banking, finance, sales, or customer service. The main objective of a relationship manager is to understand the needs and requirements of clients and provide them with appropriate solutions or services. They act as a point of contact and are responsible for managing client portfolios, resolving any issues or concerns, and ensuring customer satisfaction. Relationship managers also identify opportunities to upsell or cross-sell products or services to existing clients.
Estimated Yearly Salary: 28,279 EUR
Estimated Monthly Salary: 2,357 EUR
Estimated Weekly Salary: 544 EUR per week
Estimated Hourly Salary: 14 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 2,285 EUR
Estimated Weekly Salary: 527 EUR per week
Estimated Hourly Salary: 13 EUR per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 28,422 USD
Estimated Monthly Salary: 2,369 USD
Estimated Weekly Salary: 547 USD per week
Estimated Hourly Salary: 14 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 28,279 EUR
Estimated Monthly Salary: 2,357 EUR
Estimated Weekly Salary: 544 EUR per week
Estimated Hourly Salary: 14 EUR per hour
By working as Relationship Manager a person can save up to 1,509 USD per month or 18,102 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Latvia, see costs of living in Latvia.
Estimated Yearly Salary for Relationship Manager
Last revision of data: 2025-01-04
Data as of 2025
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Relationship Manager salary in Latvia
Average Yearly Salary of Relationship Manager in Latvia is approximately 28,279 EUR (28,422 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Relationship Manager do?
A relationship manager is a professional who is responsible for building and maintaining relationships with clients or customers. They work in various industries, such as banking, finance, sales, or customer service. The main objective of a relationship manager is to understand the needs and requirements of clients and provide them with appropriate solutions or services. They act as a point of contact and are responsible for managing client portfolios, resolving any issues or concerns, and ensuring customer satisfaction. Relationship managers also identify opportunities to upsell or cross-sell products or services to existing clients.
Skills: Relationship Management, Customer Service, Sales, Client Relations, Account Management, Communication Skills
Job industry: Banking
Job industry: Banking
How much does Relationship Manager make?
Salary details
How much does Relationship Manager make?Estimated Yearly Salary: 28,279 EUR
Estimated Monthly Salary: 2,357 EUR
Estimated Weekly Salary: 544 EUR per week
Estimated Hourly Salary: 14 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 27,419 EUREstimated Monthly Salary: 2,285 EUR
Estimated Weekly Salary: 527 EUR per week
Estimated Hourly Salary: 13 EUR per hour
Last revision of data: 2024-01-06Relationship Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 28,422 USD
Estimated Monthly Salary: 2,369 USD
Estimated Weekly Salary: 547 USD per week
Estimated Hourly Salary: 14 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Latvia is a country located in Northern Europe, bordered by Estonia to the north, Lithuania to the south, Russia to the east, and Belarus to the southeast. It has a population of approximately 1.9 million people and covers an area of about 64,589 square kilometers.
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Relationship Manager job salary compared to average salary in Latvia.
Comparison shows that a person working as Relationship Manager in Latvia earns on average:
1.45 times the average salary (or 145% of average salary).
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Relationship Manager job salary compared to average salary in Latvia.
Comparison shows that a person working as Relationship Manager in Latvia earns on average:
1.45 times the average salary (or 145% of average salary).
Is Relationship Manager a well paid job?
Yes, our data shows that Relationship Manager is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Relationship Manager?
High salary for Relationship Manager would be somewhere between 31,107 EUR and 41,005 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Relationship Manager in Latvia?
Living in Latvia the approximate monthly expenses are: 860 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 28,279 EUR
Estimated Monthly Salary: 2,357 EUR
Estimated Weekly Salary: 544 EUR per week
Estimated Hourly Salary: 14 EUR per hour
By working as Relationship Manager a person can save up to 1,509 USD per month or 18,102 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Latvia, see costs of living in Latvia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Estonia, Russia, Belarus, Lithuania.. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Relationship Manager
Estonia is 36,615 USD
Russia is 16,904 USD
Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Latvia
(224,317 EUR per year, pre-tax.)
2. Cardiologist
(186,760 EUR per year, pre-tax.)
(179,947 EUR per year, pre-tax.)
4. Neurosurgeon
(174,646 EUR per year, pre-tax.)
(174,433 EUR per year, pre-tax.)
6. Urologist
(170,871 EUR per year, pre-tax.)
(170,733 EUR per year, pre-tax.)
(170,497 EUR per year, pre-tax.)
(169,948 EUR per year, pre-tax.)
(169,943 EUR per year, pre-tax.)
Data as of 2025Random salary:
Speech-language pathologist (slp) (24,548 EUR per year, pre-tax.)
Assistant director of admissions (collegeuniversity) (21,092 EUR per year, pre-tax.)
Managing director consulting (58,259 EUR per year, pre-tax.)
Security administrator it (23,478 EUR per year, pre-tax.)
Compositor (19,535 EUR per year, pre-tax.)
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Salary details presented on optisalary.com are intended for informational use exclusively. Our data is sourced through various inputs and may not necessarily be accurate. Users must verify salary information through other means before making employment commitments. The figures listed here may change due to variables such as company policies, experience levels, and demand shifts. We cannot guarantee that the data displayed is flawless. By accessing optisalary.com, you agree that salary information is offered 'as is' and without assurances.